The major risks of each project must be determined by the following:
1- Organizing workshops and brainstorming sessions or forming specialized teams so as to obtain valuable inputs that help to identify the project-related risks. The list of participants in such workshops and session may include:
a- Members of the project management team
b- The specialized parties having experience in similar projects
c- External consultants/ from independent authorities
2- Defining the categories of project-related risks that are classified in a standard way codified in a complete risk matrithat contains most of the risks encountered in the PPP projects.
3- Defining the important sub-risks in each major category